Rational Advisors LLC purchased a new position in shares of Johnson Controls International PLC (NYSE:JCI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,400 shares of the auto parts company’s stock, valued at approximately $191,000.

Several other institutional investors also recently made changes to their positions in the stock. FNY Managed Accounts LLC bought a new position in shares of Johnson Controls International PLC during the first quarter worth $100,000. Bessemer Group Inc. raised its position in shares of Johnson Controls International PLC by 5.5% in the second quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after buying an additional 133 shares during the period. Grove Bank & Trust raised its position in shares of Johnson Controls International PLC by 57.7% in the second quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after buying an additional 985 shares during the period. First PREMIER Bank raised its position in shares of Johnson Controls International PLC by 366.2% in the second quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after buying an additional 2,640 shares during the period. Finally, Bbva Compass Bancshares Inc. raised its position in shares of Johnson Controls International PLC by 4.2% in the second quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock worth $161,000 after buying an additional 150 shares during the period. Institutional investors own 85.20% of the company’s stock.

Shares of Johnson Controls International PLC (NYSE:JCI) opened at 38.65 on Tuesday. The company’s market capitalization is $36.04 billion. The company has a 50 day moving average of $41.89 and a 200-day moving average of $41.86. Johnson Controls International PLC has a 12-month low of $38.51 and a 12-month high of $48.97.

Johnson Controls International PLC (NYSE:JCI) last issued its earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.71. The company had revenue of $7.67 billion for the quarter, compared to analyst estimates of $7.72 billion. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The company’s revenue for the quarter was up 48.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.07 EPS. On average, equities analysts anticipate that Johnson Controls International PLC will post $2.61 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Rational Advisors LLC Takes Position in Johnson Controls International PLC (JCI)” was first posted by Watch List News and is owned by of Watch List News. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international copyright laws. The original version of this article can be viewed at https://www.watchlistnews.com/rational-advisors-llc-takes-position-in-johnson-controls-international-plc-jci/1490284.html.

A number of equities analysts have weighed in on JCI shares. TheStreet upgraded shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a report on Thursday, July 27th. Gabelli upgraded shares of Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a report on Friday, July 28th. Cowen and Company reiterated a “buy” rating and issued a $52.00 price target on shares of Johnson Controls International PLC in a report on Thursday, April 27th. Royal Bank Of Canada reiterated a “hold” rating and issued a $43.00 price target (down previously from $48.00) on shares of Johnson Controls International PLC in a report on Friday, July 28th. Finally, ValuEngine lowered shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $50.43.

Johnson Controls International PLC Company Profile

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International PLC (NYSE:JCI).

Institutional Ownership by Quarter for Johnson Controls International PLC (NYSE:JCI)

Receive News & Ratings for Johnson Controls International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.